4981 Rosalie ST Active Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63115
Key Details
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 11,548 sqft
Price per Sqft $95
Subdivision Mark Twain
MLS Listing ID 24035805
Year Built 1928
Building Age 96
Lot Size 0.372 Acres
Property Description
4981 Rosalie Street, St. Louis, MO, is a 16-unit, 2-story L-shaped apartment Building with a rich history, constructed in 1928. All 16 units are 1-bedroom, 1-bath with rear door access to a private level fenced yard. The units are approximately 600 SF with tall 8+ Ft ceilings. Currently, 9 units are rented (56%), with 7 vacant units. Kitchens are complete with gas stoves/ranges and refrigerators. Some units have central air/heat, and others have window units. Tenants pay for Natural Gas and Electric. Each apartment has 100 AMP electric service. Most windows have been replaced with aluminum replacement windows. Some vacant units require minor cosmetic work, while others need more extensive renovations. Monthly rents are $595-$620. Proforma Net Operating Income is $89,132 with all units occupied, a promising figure. This property has much upside; according to ?RentoMeter.com? in this neighborhood, the average rent for a similar-sized apartment is $706.
Location
State MO
County St Louis City
Area North
Interior
Heating Forced Air
Cooling Electric,Window Unit(s)
Laundry No Laundry Facil.
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Hickey Elem.
Middle Schools Yeatman-Liddell Middle School
High Schools Vashon High
School District St. Louis City
Others
Acceptable Financing Assumable,Cash Only
Listing Terms Assumable,Cash Only
Special Listing Condition None